After the Maharashtra State Transport Corporation (MSTC) decided to increase the fare, the implementation of the move was stopped by the Maharashtra government.
With the hike in petrol price and the demand of salary hike by ST workers, the transport corporation decided to increase the fare by 18 per cent. However, the authorities approved the proposal and it will be implemented from Friday midnight.
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This comes after the official statement issued by the ST administration on June 15, the increased fare will be effective from midnight.
Due to the petrol price hike, the average monthly expenditure on the transport board is now ₹460 crore. This has increased the financial burden on ST corporation.
Earlier, the transportation board decided to increase the fare by 30 per cent but considering that it might be problematic for the passengers, the hike was fixed by 18 per cent.
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